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Investment Properties


Below is a selection of  bungalows and apartments that are part of a well-established residential complex in Playa Blanca. The complex comprises some 106 private dwellings as a mixture of bungalows and apartments set in mature gardens, and  is very conveniently situated for the new Montaña Roja Golf Course.  There is a pool, although this is out of use due to storm damage and it is unknown when it will be repaired.

Some of the properties listed below are for sale. Where this is the case it has been clearly indicated and contact details have been provided. 

The other properties are not explicitly for sale, but have been vacated or otherwise neglected. Judging by the untidy condition in which they've been left, these properties are presumably unwanted by their respective owners. It is believed that the owners of these properties in particular might very well be receptive to very 'ambitious' offers and willing to sell cheaply. There could really be some incredible bargains to be had here, and with the nearby golf course (and several other high-profile improvements scheduled for Playa Blanca), property value is only likely to go in one direction!

Most of the apartments on the complex are privately owned, but some are owned by companies. In particular, those owned by Playa Blanca 2000 S.A. and Lansol S.A are believed to have been used for accommodation for staff of the hotels Timanfaya Palace and Lanzarote Palace respectively.

Some of the properties are in need of varying degrees of cosmetic attention, but all are believed to be structurally sound*

 
for pictures
Number 21 - Large Apartment - Ground Floor
Status: For Sale @ 40000 Euros (note this has been repossessed so make an offer!)
Estate Agent: Aportucasa www.aportucasa.com (a Banco Santander estate agency) (Reference number: 66264)
Telephone: 902 030 544
Very spacious ground floor apartment. Listed as 75m2 but this is a mis-print -  it's much larger than that. Viewing therefore essential!! This property has also been extended.
 
 Number 6 - Bungalow
Status: For Sale
Owner: Centro de Equipamiento Zona
Telephone:  928 944 648
Mobile: 615 218 722
 
 
Number 7 - Bungalow
Status: For Sale
Owner: Centro de Equipamiento Zona
Telephone:  928 944 648
Mobile: 615 218 722
 
 
Number 11 - Bungalow
Status: Unknown - make an offer!!
Owner: Playa Blanca 2000 S.A.
Telephone: 928 517 676
Fax: 928 517 035
 
 
Number 13 - Bungalow
Status: Unknown - make an offer!!
Owner: Playa Blanca 2000 S.A.
Telephone: 928 517 676
Fax: 928 517 035
 
 
Number 36 - Apartment
Status: Unknown - make an offer!!
Owner: Playa Blanca 2000 S.A.
Telephone: 928 517 676
Fax: 928 517 035
 
 
Number 68 - Bungalow
Status: Unknown - make an offer!!
Owner: Lansol S.A.
Telefone: 934 304 147
Fax: 934 306 135
 
 
Number 71 - Bungalow
Status: For Sale
Owner: Centro de Equipamiento Zona
Telephone:  928 944 648
Mobile: 615 218 722
This bungalow is at the entrance to the complex and is in good order.
 
 
Number tba- Bungalow
Owner:  Unknown as yet - details to follow.
Judging by the state of the place it is highly likely that the owner will want to sell-up. It does look a mess, but it is structurally sound*.
 
 
Number 92- Apartment, Ground floor
Status: For Sale
Owner: Individual
Estate agent: Bancaja Habitat
Telephone 902 15 20 30
 
 
The gardens to the front of the bungalows (except 71)


Note that (unless specifically for sale) we have only listed properties that are owned by companies. In addition to these however, there are several bungalows and apartments that are owned by individuals who no longer seem to be interested in keeping them in a decent condition. It is therefore believed that these owners could potentially be willing to sell for a bargain price. If you might be interested in such properties, we will try to obtain the contact details of the owners. 

Please note that we are not agents or intermediaries and as such have no financial interest in the marketing or sale of these properties in any way. We are private owners of other property on this complex who are naturally disappointed that these apartments and bungalows have been neglected in this way and would like to see them restored to their former glory. We believe that there are potentially some real bargains to be had!

Furthermore, some property owners on this complex owe significant amounts of money to the community in unpaid community fees.  If these fees remain unpaid, the administration will be obliged to recover the debts by seizing the properties and placing them up for sale for whatever they can get. Note however that to our knowledge this doesn't apply to the the propeties listed above.

* A survey is always recommended when purchasing property.